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PH vows to catalyze actions in shifting to circular economy
Philippine Information Agency
17 May 2021, 16:38 GMT+10
PARAnAQUE CITY, May 17 (PIA) Policymakers and experts from various United Nations member states gathered to facilitate exchanges on best practices and emerging innovations, and promoted principles and practices on circular economy during the (UNIDO) Global Consultations on Circular Economy held recently.
The transition to a circular economy aims to adopt resource efficient and cleaner production systems to allow manufacturers to increase their competitiveness while protecting the environment. By saving big amounts of water, energy and raw materials, manufacturers can significantly reduce their production costs, produce less waste, therefore optimizing their production.